Monthly Rent Report
Norwood Rent Report — May 2024
Asking rents in ZIP 10467, New York City, from 301 listings.
Median 1BR rent in Norwood was $1,779 in May 2024, down 10.8% (−$216) from April 2024 and up 3.1% year-over-year. The middle half of 1BR listings asked between $1,706 and $1,784. That puts Norwood $646 below the New York City citywide 1BR median of $2,425. The month's figures are based on 301 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,649 | +$49 (+3.1%) | −$46 (-2.7%) | $1,649 – $1,649 | 3 |
| Studio | $1,663 | +$63 (+3.9%) | −$32 (-1.9%) | $1,600 – $2,085 | 48 |
| 1BR | $1,779 | −$216 (-10.8%) | +$54 (+3.1%) | $1,706 – $1,784 | 4 |
| 1BR | $2,050 | +$55 (+2.8%) | +$325 (+18.8%) | $1,779 – $2,125 | 85 |
| 2BR | $3,000 | +$319 (+11.9%) | +$1,200 (+66.7%) | $3,000 – $3,000 | 1 |
| 2BR | $2,395 | −$286 (-10.7%) | +$595 (+33.1%) | $2,200 – $2,400 | 73 |
| 3BR | $3,027 | −$423 (-12.3%) | +$27 (+0.9%) | $3,000 – $3,575 | 62 |
| 3BR | $3,777 | +$327 (+9.5%) | +$777 (+25.9%) | $3,777 – $3,777 | 3 |
| 4BR | $3,800 | −$68 (-1.8%) | +$438 (+13.0%) | $3,426 – $3,868 | 21 |
| 4BR | $3,800 | −$68 (-1.8%) | +$438 (+13.0%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Norwood vs. New York City — May 2024
| Bedrooms | Norwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,649 | $2,350 | −$701 (-29.8%) |
| Studio | $1,663 | $2,350 | −$687 (-29.3%) |
| 1BR | $1,779 | $2,425 | −$646 (-26.6%) |
| 1BR | $2,050 | $2,425 | −$375 (-15.5%) |
| 2BR | $3,000 | $2,914 | +$87 (+3.0%) |
| 2BR | $2,395 | $2,914 | −$518 (-17.8%) |
| 3BR | $3,027 | $3,600 | −$573 (-15.9%) |
| 3BR | $3,777 | $3,600 | +$177 (+4.9%) |
| 4BR | $3,800 | $4,250 | −$450 (-10.6%) |
| 4BR | $3,800 | $4,250 | −$450 (-10.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.